Real Estate Math
An Indiana seller lists for $349,000 and accepts an offer at 97% of list price. What is the accepted offer?
A$334,530
B$338,530✓ Correct
C$342,530
D$346,530
Explanation
Accepted offer = $349,000 × 0.97 = $338,530. To solve this, multiply the relevant values: $349,000 at 97%.. The correct answer is $338,530.. This is a common calculation on the Indiana real estate exam.
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